BREAKING
221d 15h ago

Bitcoin Volatility Hits Lowest Point Since 2023, Signaling Major Surge Within Weeks

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

On July 3rd, renowned crypto analyst Jackis (@i_am_jackis) highlighted that Bitcoin’s volatility has declined to its lowest point since early 2023, marking a historically rare event that has occurred only seven times before. This significant drop in volatility signals a potential shift in market dynamics. Jackis emphasized that historically, such low volatility phases are typically followed by a sharp increase in price fluctuations within a five-week timeframe, often materializing even sooner. This pattern underscores the importance of closely monitoring Bitcoin’s price movements as traders and investors prepare for heightened market activity. The observation aligns with broader market trends where periods of low volatility often precede substantial price adjustments, reinforcing the critical role of volatility metrics in crypto market analysis.

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